The increase in the interest rate is still (probably) this year.

29.09.2015 / 04:14

Rating:

The Fed decided not to raise its key interest rate two weeks ago, but President Fed- New York William Dudley said that the increase will likely come before 2016.

"My expectation is that we will raise rates later this year," Dudley said at an event sponsored by the WSJ, where he was interviewed. If the US economy continues to maintain the current course "has a pretty strong case for the first step."

But there are concerns that the global economic outlook - which restrained by the Fed raise rates in September - will not change before the Fed meeting in October. The world economy probably will not change much before the final meeting of the year in December. Not much economic data between now and the Fed meeting in late October, which could significantly alter the Fed's outlook.

E.Dimitrov Yrtrader

Varchev Traders

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.

WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.

Varchev Finance

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

The increase in the interest rate is still (probably) this year.

London

Universal numbers